
HSBC Sends Debt Collectors for Unpaid Bounce Back Loan, Ombudsman Dismisses Overdraft Funding Complaint

A Henfield director who claimed to have invested £40,000 of a £50,000 HSBC Bounce Back Loan in stocks but provided no evidence faces a lenient 5-year ban. Uncover this dubious excuse. […]
NatWest denied a Bounce Back Loan, claiming the customer wasn’t trading pre-March 2020, despite years of trading. The Ombudsman upheld the complaint, ordering £250 compensation. […]
Abu Yousuf Choudhury, the director of Stourport Takeaway Ltd, has been hit with a 10-year directorship ban after failing to provide evidence on how he estimated his business turnover to obtain a £50,000 Bounce Back Loan from HSBC. […]
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